Mitigating the Risky Business of IoT

  Q&A with Donna McPartland & Shamim Mohandessi of Han Santos, PLLC, with Larry O’Connell, of Sequitur Labs, Inc.   Introduction:   Regulation of the Internet of Things (IoT) is growing at the federal and state level and pushing organizations to include robust security features in their devices.   The U.S. Internet of Things Cybersecurity Improvement Act of 2020 (the “Act”) was enacted in December 2020 by Congress, and although it applies only to federal agencies, it …

PPP Loan Considerations for Mergers & Acquisitions

PPP Loan Considerations for Mergers & Acquisitions By Shamim Mohandessi In response to the COVID-19 pandemic, on March 27th, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. Legislation that was passed by Congress with broad bipartisan support. A prominent feature of the CARES Act has been the Paycheck Protection Program (PPP). The PPP …

Han Santos Represents Amazon Agency Orca Pacific in Merger with MightyHive

Han Santos Represents Amazon Agency Orca Pacific in Merger with MightyHive November, 2020, Seattle WA— Han Santos, PLLC acted as counsel to Orca Pacific in its merger with MightyHive, a wholly-owned subsidiary of S4 Capital PLC; a deal that officially closed October 30th. The merger is expected to bolster MightyHive’s existing eCommerce and advertising offerings while allowing Orca Pacific’s industry-leading team …

Convertible Promissory Note Financing: Part II – Common Terms

Convertible Promissory Note Financing: Part II – Common Terms by Shamim Mohandessi In our first installment, we reviewed some of the use cases for issuing convertible notes and the two common formats of convertible notes. In this second installment, we review the six central terms frequently negotiated in the issuance of convertible notes between issuers and holders. Generally, issuers negotiate: …

Convertible Promissory Note Financing: Part I – Introduction

Convertible Promissory Note Financing: Part I – Introduction by Shamim Mohandessi This series explores the convertible promissory note (referred to in this article series as a “convertible note”). A convertible note is an instrument frequently used by startup companies to: (1) finance early growth activities, before the formation of capital through the offering of priced equity, or (2) bridge financing, …

Supreme Court Affirms Interpretation of “On-Sale Bar” in Helsinn Healthcare S. A. v. Teva Pharmaceuticals US, Inc.

Supreme Court Affirms Interpretation of “On-Sale Bar” in Helsinn Healthcare S. A. v. Teva Pharmaceuticals US, Inc. by Shamim Mohandessi On January 22, the US Supreme Court, on Writ Certiorari to the US Court of Appeals for the Federal District held that under the Leahy-Smith American Invents Act (“AIA”), “a commercial sale to a third party who is required to …